Quiz #38

20

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Civil Engineering Quiz - 20 Questions
Quiz Information
  • Questions: 20
  • Time Limit: 20 minutes
  • Pass Percentage: 33%
  • Coins per Question: 1
  • Bonus Coins: 5
  • Negative Marking: No
Sample Questions
  • 1
    You borrow P3,500.00 for one year from a friend at an interest rate of 1.5% per month instead of taking a loan from a bank at a rate of 18% per year. How much lesser you will pay by borrowing the money from the bank ?
  • 2
    A student plans to deposit P1,500 in the bank now and another P3,000 for the next 2 years. If he plans to withdraw P5,000 three years from after his last deposit for the purpose of buying shoes, what will be the amount of money left in the bank after one year of his withdrawal? Effective annual interest rate is 10% ?
  • 3
    Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?

These are just sample questions. The actual quiz contains 20 questions.

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